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Asking Price includes the business and all its assets (warehouse, stocks, etc) free of debt or encumbrances. However, a sale at a much lower price is possible, if company debt is assumed by Buyer.
- Building interiors and finishes contractors established for over 30 years and enjoying an excellent reputation for quality and reliability. 2014 sales close to EUR 3,5 Million.
- Operating out of a State Industrial Estate with fully equipped facilities, warehouse, offices, showroom, of total area 1.310 sqm. Independently appraised Market Value of real estate (industrial plot, warehouse, offices, showroom) EUR1Million and value at cost of inventories ranges from EUR 500 to 600K.
- Specializing on the high-end of the market, mainly corporate contracts for hotel, office and commercial buildings. Both renovations and newbuilds and also interior and exterior sports surfaces. Steady, repeat business from major hotels and corporations in Cyprus. Also has a history of overseas jobs (Russia).
- In addition, sells wholesale flooring, wall and ceiling finishes and decorative materials. Majority of materials sold are own imports.
- Headcount is 18 persons including Management, full-time technicians and supervisors, interior decoration designers, warehouse and administration personnel.
- An excellent opportunity for a General Contactor who wishes to integrate interiors construction and renovations to their operation, an existing interiors company which wishes to grow by acquisitions or a major developer/property owner who wishes to do all interiors and finishes works in-house.
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